06-07-2022 05:36 PM
If you need a visual aide as to priorities of the current leadership of this company, look no further than this.
Buyer fees, seller fees, transfer fees, fees fees and fees. I admit I am no expert in the sports card, trading cards area, however I have seen high grade cards sell for real money. To many high grade Chinese counterfeits, and new tricks in that market for me nowadays. While I may be missing something I just dont see it, for eBay appears a waste of capital to me, and I KNOW Iam missing nothing about the fees, ceiling looks to be $50.00 or so. Why would a seller wish to do that? Safe deposit box at my bank costs about that monthly, and it will hold much more than one ball card. If I had a 100k ball card would I trust eBay with it?? They will enable a 15 year old Malaysian kid to return fraud/ROB A SELLER and they want to hold my 100k item and charge me MORE FEES FOR SELLING IT..??? I see NOTHING in this roll-out about insurance, or eBay assuming a fiduciary roll. Just more if something goes wrong eBay is not to blame, in the fine print.. Buyers and sellers, LOOKING FOR VALUE.. in these CRAZY economic times, eBay could be doing SO MUCH BETTER.. Just like the coastal elites that brought you gas at 5 dollars a gallon, and 8-9% inflation, and a LOOMING financial meltdown. The elites running this company have rolled their pipedream out, because they know best and it appears the attractive young lady that has done VERY well for herself in this market, and was BRIEFLY employed by eBay, bruised up some boardroom egos.. Throwing good money after bad fellas leave it alone. Stock, earrings, and growth still flat, better get all the time you can in your vault toybox whatever you got going on there dear leadership. Maybe that talented young lady will employ some of you next year..
06-08-2022 01:25 PM
Read up on freeports, primarily located in Delaware due to very friendly tax laws. eBay is trying to do something similar for cards.
When you read about the freeports used for crazy expensive works of art, one of the most popular is 36,000 square feet. eBay's is 31,000 square feet. That's a lot of room for tiny (compared to painting$) collectible cards. Does eBay really expect to fill that large of a space??
I suspect eBay will get the vault deal up & running for a few years, then sell it off. Probably to one of the card grading companies.
06-08-2022 01:42 PM
@smilekc wrote:Read up on freeports, primarily located in Delaware due to very friendly tax laws. eBay is trying to do something similar for cards.
When you read about the freeports used for crazy expensive works of art, one of the most popular is 36,000 square feet. eBay's is 31,000 square feet. That's a lot of room for tiny (compared to painting$) collectible cards. Does eBay really expect to fill that large of a space??
I suspect eBay will get the vault deal up & running for a few years, then sell it off. Probably to one of the card grading companies.
I have probably 200,000 trading cards taking up about the same amount of space as $400 worth of some of my other merchandise. Even in top loaders or slabs the number of cards you can pack into a space is incredible. I doubt they will be in any danger of running out of space.
06-08-2022 08:38 PM
I would further say that they'll probably never come close.